Compound Interest Calculator
CD 3-year Account from First Interstate Bank with 0.25% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from First Interstate Bank with 0.25% APY and $10,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $20,506. The interest earned would be $506 and the tax amount on the interest earned would be approximately $152.

Please note that this product is available in Oregon and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for First Interstate Bank

Savings Boost of
$-734 over 10 years
Cash Savings $20,000
Average Interest Earned $1,088

 
First Interstate Bank Interest Earned $354

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 150 105
2 20,150 151 106
3 20,302 152 107
4 20,454 154 108
5 20,608 155 108
6 20,762 156 109
7 20,918 157 110
8 21,075 158 111
9 21,234 159 112
10 21,393 161 112
TOTAL: $1,554 $1,088

First Interstate Bank Scenario

Rate:
0.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 50 35
2 20,050 50 35
3 20,100 50 35
4 20,150 50 35
5 20,201 51 35
6 20,251 51 35
7 20,302 51 36
8 20,353 51 36
9 20,404 51 36
10 20,455 51 36
TOTAL: $506 $354

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.



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Customer Reviews for First Interstate Bank


  • November 15, 2019

    If you have a choice don't use these people for an auto loan. I called and got the loan pay off which I submitted electronically. I hadn't gotten any lean clearance info so I called. They said they held it for 10 business days to make sure the money cleared. This was an electronic transfer so they had the money immediately and they said as much. Either they are lazy or they have some stupid rule.

  • June 10, 2019

    CDs 11 Month Rates

    WE would like to know what your cds rates are on $ 40,000 for 1 year


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